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Today, European ministers updated the EU’s list of tax havens. The update added no countries to the blacklist and 10 countries to the greylist.

The military coup in Burkina Faso late January made headlines. The registration that same month of over 160,000 newly displaced Burkinabé, a near-record high figure, did not. The jump marks the second biggest monthly increase since the humanitarian crisis started in the country over three years ago, warned the Norwegian Refugee Council, Action Against Hunger, Médecins du Monde France and Oxfam.

The United Nations and all other humanitarian actors have spent 15 years delivering humanitarian support to 2.1m Palestinians blockaded inside Gaza, and yet, there is still no sustained collective political action or will to resolve it. 

Today, the European Commission unveiled a package of emergency measures to curb the surge in energy prices which are hitting European consumers hard. The package includes two measures to capture extraordinary profits from energy and fossil fuel companies.

Today, the European Parliament voted through a non-binding report on the European Commission’s proposal to implement the deal on a global minimum tax at the EU level. EU Finance Ministers are expected to vote on a final agreement next Tuesday, 24 May. 

Today, European energy ministers agreed on a package of emergency measures to curb the surge in energy prices. The package includes two measures to capture extraordinary profits from energy and fossil fuel companies. This follows the European Commission’s proposal on 14 September.   

Europe currently wastes land the size of Ireland on crops for biofuels which is an obstacle to tackling the climate crisis and food security, a new study shows. The study commissioned by T&E shows that this land could be used to feed 120 million people or, if given back to nature, could absorb twice as much CO2 as is supposedly saved by powering cars with biofuels. Using an area equivalent to just 2.5% of this land for solar panels would produce the same amount of energy.

Today, the EU reached a provisional agreement on a new carbon tariff on goods imported into Europe (the Carbon Border Adjustment Mechanism).

The richest 1 percent have amassed $42 trillion in new wealth over the past decade, nearly 34 times more than the entire bottom 50 percent of the world’s population, according to new analysis by Oxfam today ahead of the third meeting of G20 Finance Ministers and Central Bank Governors in Rio de Janeiro, Brazil. 

As the 18th African Union Summit starts in Addis Ababa, civil society organizations from across Africa are concerned that the summit’s central theme, “Boosting Intra- African Trade,“ risks being overshadowed and will not get the focus needed to tackle this urgent issue.